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...Lewis got a slap on the hand. Shareholders of Bank of America (BAC) voted to separate the chairman's role from the CEO's and the bank's board was forced to elect a new chairman, Walter E. Massey, a college president who has been on the firm's board for so long that he is as responsible for the bank's trouble as anyone else involved in the company's governance...

Author: /time Magazine | Title: Ken Lewis Keeps His Day Job | 4/30/2009 | See Source »

...sure his mama didn't raise him that way.' MICHAEL STEELE, chairman of the Republican National Committee, on Pennsylvania Senator Arlen Specter's defection to the Democrats. Steele accused Specter of "flipping the bird" to the Senate GOP leadership...

Author: /time Magazine | Title: Verbatim | 4/30/2009 | See Source »

...chairman of a powerful appropriations subcommittee, Specter spearheaded efforts to double funding for the National Institutes of Health and led the way in increasing education spending...

Author: /time Magazine | Title: Arlen Specter: A Republican No More | 4/29/2009 | See Source »

...honest - Senator Specter didn't leave the GOP based on principles of any kind. He left to further his personal political interests because he knew that he was going to lose a Republican primary due to his left-wing voting record. - Michael Steele, Republican Party chairman, saying he looks forward to Specter's defeat in 2010 (CNN, April...

Author: /time Magazine | Title: Arlen Specter: A Republican No More | 4/29/2009 | See Source »

...Recent corporate performance underscores this growing divide. Li Rongrong, chairman of State-Owned Assets Supervision and Administration Commission, which runs more than 150 companies, recently told the state-run Xinhua news service that SOE profits surged 86% in March compared with the previous month. Li attributed the increase to government stimulus spending...

Author: /time Magazine | Title: Why China's State-owned Companies Are Making a Comeback | 4/29/2009 | See Source »

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